Hubei Fuxing Science and Technology Co Ltd

SHE:000926 China Real Estate - Development
Market Cap
$503.69 Million
CN¥3.70 Billion CNY
Market Cap Rank
#11585 Global
#2746 in China
Share Price
CN¥2.32
Change (1 day)
+1.75%
52-Week Range
CN¥2.04 - CN¥3.46
All Time High
CN¥402.11
About

Hubei Fuxing Science and Technology Co.,Ltd engages in the real estate development business in China and internationally. The company is involved real estate development, as well as researches and develops metal products. It also offers radial tire steel cord, steel wire, steel wire rope, steel strand, and other products that are used in tire industry, prestressed engineering of highways and brid… Read more

Hubei Fuxing Science and Technology Co Ltd (000926) - Net Assets

Latest net assets as of September 2025: CN¥9.51 Billion CNY

Based on the latest financial reports, Hubei Fuxing Science and Technology Co Ltd (000926) has net assets worth CN¥9.51 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥27.86 Billion) and total liabilities (CN¥18.35 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥9.51 Billion
% of Total Assets 34.13%
Annual Growth Rate 15.44%
5-Year Change -15.9%
10-Year Change -4.29%
Growth Volatility 23.57

Hubei Fuxing Science and Technology Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Hubei Fuxing Science and Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hubei Fuxing Science and Technology Co Ltd (1996–2024)

The table below shows the annual net assets of Hubei Fuxing Science and Technology Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.33 Billion -20.93%
2023-12-31 CN¥13.06 Billion +5.67%
2022-12-31 CN¥12.36 Billion -0.44%
2021-12-31 CN¥12.42 Billion +1.10%
2020-12-31 CN¥12.28 Billion -0.69%
2019-12-31 CN¥12.37 Billion +2.40%
2018-12-31 CN¥12.08 Billion +1.55%
2017-12-31 CN¥11.89 Billion -1.28%
2016-12-31 CN¥12.05 Billion +11.64%
2015-12-31 CN¥10.79 Billion +34.22%
2014-12-31 CN¥8.04 Billion -9.67%
2013-12-31 CN¥8.90 Billion +19.98%
2012-12-31 CN¥7.42 Billion -0.82%
2011-12-31 CN¥7.48 Billion +39.42%
2010-12-31 CN¥5.37 Billion +34.09%
2009-12-31 CN¥4.00 Billion +11.58%
2008-12-31 CN¥3.59 Billion +65.82%
2007-12-31 CN¥2.16 Billion +19.36%
2006-12-31 CN¥1.81 Billion +59.49%
2005-12-31 CN¥1.14 Billion +22.85%
2004-12-31 CN¥924.67 Million +17.14%
2003-12-31 CN¥789.35 Million +12.81%
2002-12-31 CN¥699.74 Million +6.72%
2001-12-31 CN¥655.65 Million +8.20%
2000-12-31 CN¥605.98 Million +6.89%
1999-12-31 CN¥566.89 Million +90.62%
1998-12-31 CN¥297.39 Million +28.77%
1997-12-31 CN¥230.95 Million +24.68%
1996-12-31 CN¥185.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hubei Fuxing Science and Technology Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 5560.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.28 Billion 45.39%
Common Stock CN¥1.59 Billion 16.89%
Other Comprehensive Income CN¥1.48 Billion 15.71%
Other Components CN¥2.08 Billion 22.02%
Total Equity CN¥9.43 Billion 100.00%

Hubei Fuxing Science and Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Hubei Fuxing Science and Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hubei Fuxing Science and Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,094,791,607 to 9,432,360,579, a change of -2,662,431,028 (-22.0%).
  • Net loss of 2,600,741,832 reduced equity.
  • Dividend payments of 403,275,104 reduced retained earnings.
  • Share repurchases of 30,004,638 reduced equity.
  • Other comprehensive income increased equity by 1,481,805,900.
  • Other factors decreased equity by 1,110,215,354.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.60 Billion -27.57%
Dividends Paid CN¥403.28 Million -4.28%
Share Repurchases CN¥30.00 Million -0.32%
Other Comprehensive Income CN¥1.48 Billion +15.71%
Other Changes CN¥-1.11 Billion -11.77%
Total Change CN¥- -22.01%

Book Value vs Market Value Analysis

This analysis compares Hubei Fuxing Science and Technology Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.39x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.70x to 0.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.86 CN¥2.32 x
1997-12-31 CN¥1.07 CN¥2.32 x
1998-12-31 CN¥1.34 CN¥2.32 x
1999-12-31 CN¥2.58 CN¥2.32 x
2000-12-31 CN¥2.82 CN¥2.32 x
2001-12-31 CN¥3.01 CN¥2.32 x
2002-12-31 CN¥3.21 CN¥2.32 x
2003-12-31 CN¥3.61 CN¥2.32 x
2004-12-31 CN¥4.23 CN¥2.32 x
2005-12-31 CN¥5.16 CN¥2.32 x
2006-12-31 CN¥8.26 CN¥2.32 x
2007-12-31 CN¥3.97 CN¥2.32 x
2008-12-31 CN¥5.92 CN¥2.32 x
2009-12-31 CN¥5.65 CN¥2.32 x
2010-12-31 CN¥6.68 CN¥2.32 x
2011-12-31 CN¥7.89 CN¥2.32 x
2012-12-31 CN¥8.09 CN¥2.32 x
2013-12-31 CN¥6.77 CN¥2.32 x
2014-12-31 CN¥6.94 CN¥2.32 x
2015-12-31 CN¥9.06 CN¥2.32 x
2016-12-31 CN¥7.26 CN¥2.32 x
2017-12-31 CN¥7.72 CN¥2.32 x
2018-12-31 CN¥8.05 CN¥2.32 x
2019-12-31 CN¥8.28 CN¥2.32 x
2020-12-31 CN¥8.27 CN¥2.32 x
2021-12-31 CN¥8.43 CN¥2.32 x
2022-12-31 CN¥8.42 CN¥2.32 x
2023-12-31 CN¥8.85 CN¥2.32 x
2024-12-31 CN¥5.95 CN¥2.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hubei Fuxing Science and Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -27.57%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -29.70%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 2.98x
  • Recent ROE (-27.57%) is below the historical average (8.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 17.34% 13.50% 0.68x 1.88x CN¥13.60 Million
1997 19.79% 15.22% 0.74x 1.76x CN¥22.62 Million
1998 19.79% 14.82% 0.70x 1.90x CN¥28.18 Million
1999 10.33% 16.01% 0.46x 1.39x CN¥1.85 Million
2000 13.70% 21.32% 0.45x 1.44x CN¥22.40 Million
2001 12.90% 19.64% 0.38x 1.74x CN¥18.81 Million
2002 6.64% 10.51% 0.28x 2.22x CN¥-23.20 Million
2003 11.20% 10.17% 0.37x 2.98x CN¥9.31 Million
2004 17.48% 11.20% 0.46x 3.39x CN¥68.06 Million
2005 14.70% 7.85% 0.60x 3.12x CN¥52.26 Million
2006 14.53% 10.53% 0.52x 2.64x CN¥80.46 Million
2007 15.08% 9.51% 0.57x 2.79x CN¥107.01 Million
2008 9.24% 10.32% 0.44x 2.02x CN¥-27.22 Million
2009 8.50% 8.21% 0.43x 2.39x CN¥-59.34 Million
2010 10.63% 8.90% 0.36x 3.29x CN¥29.48 Million
2011 9.27% 10.98% 0.22x 3.89x CN¥-41.05 Million
2012 10.60% 9.79% 0.24x 4.42x CN¥34.81 Million
2013 9.91% 8.77% 0.28x 4.00x CN¥-5.80 Million
2014 10.17% 10.54% 0.23x 4.15x CN¥11.66 Million
2015 5.20% 5.84% 0.20x 4.37x CN¥-432.63 Million
2016 6.00% 5.54% 0.23x 4.70x CN¥-386.84 Million
2017 8.23% 7.25% 0.24x 4.77x CN¥-181.91 Million
2018 10.38% 10.57% 0.23x 4.34x CN¥41.78 Million
2019 5.35% 6.25% 0.19x 4.57x CN¥-519.72 Million
2020 2.76% 4.08% 0.14x 4.73x CN¥-802.61 Million
2021 3.18% 2.84% 0.26x 4.34x CN¥-763.53 Million
2022 1.26% 0.93% 0.40x 3.40x CN¥-984.48 Million
2023 0.56% 1.24% 0.15x 3.05x CN¥-1.14 Billion
2024 -27.57% -29.70% 0.31x 2.98x CN¥-3.54 Billion

Industry Comparison

This section compares Hubei Fuxing Science and Technology Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hubei Fuxing Science and Technology Co Ltd (000926) CN¥9.51 Billion 17.34% 1.93x $384.17 Million
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million